Irrationality: What, Why and How
![Zhihua Li](/fileadmin/_processed_/1/e/csm_zhihua-li_8829f658a0.jpg)
Abstract
This thesis has made a special effort to explore some relevant issues on (ir)rationality. Chapter 2 and Chapter 3 answer the question what is irrationality. Chapter 2 improves the methodology to measure irrationality by proposing a new incentive system on individual decision-making: the prior incentive system (Prince). Chapter 3 addresses the issue of irrationality in decisions under ambiguity. Chapter 4 answers the question of why we steer people away from irrationality. Chapter 4 discusses whether we should correct people's irrationality by imposing a better decision when freedom of choice cannot be realized. Chapter 4 concludes with recommending strong paternalism and provides a litmus test for people's views on paternalism. Chapter 5 answers the question how to make people less irrational. Chapter 5 studies the social influences on people's decision-making processes and offers possible approaches to nudge people away from irrationality.
Related events
Information
- Type
- PhD Defence
- Programme
- Marketing
- Date
- Thu. 18 Dec. 2014
- Time
- 11:30 - 13:00
- Location
- Senate Hall, A-building, Woudestein Campus
Supervisors
![Aurélien Baillon](/fileadmin/_processed_/1/9/csm_cdcf99139c79ca6ed588fecab505c41a-6218-aurelienbaillon_45d8f5657c.jpg)
- Member Doctoral Committee
- Member Doctoral Committee
- Member Doctoral Committee
![Peter Wakker](/fileadmin/_processed_/b/e/csm_peter-wakker_467bdac607.jpg)
- Promotor
![Kirsten Rohde](/fileadmin/_processed_/e/4/csm_kirsten-rohde_9496b51324.png)
- Daily Supervisor
- Promotor
![Han Bleichrodt](/fileadmin/_processed_/2/7/csm_han-bleichrodt_24a80a44f9.jpg)
- Promotor
Coordinator
![Eliane Haseth](/fileadmin/_processed_/b/8/csm_eliane-haseth_9d27e26593.png)